Higher Education Funding Debate

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Higher Education Funding

Tessa Munt Excerpts
Wednesday 3rd November 2010

(13 years, 6 months ago)

Commons Chamber
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Lord Willetts Portrait Mr Willetts
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I do not recognise the hon. Gentleman’s figure of £45,000. The crucial point, which Members of all parties should get across, is that this is a graduate contribution scheme, and people will have to start paying back only if they are earning more than £21,000 a year, which I suspect is higher than median earnings in his constituency.

John Bercow Portrait Mr Speaker
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Order. I will let her off on this occasion, but let me just say to the hon. Lady, who is a new Member, that although she is not the only offender, Members really should not wait until virtually the end of a statement and then suddenly start popping up when I am about to move on. I will let her have her say today.

Tessa Munt Portrait Tessa Munt
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Sorry, Sir, and thank you.

I have discovered that £19 million of bursary money was apparently not spent last year. Does the Minister believe that is correct, and will there be some way of preventing that appalling situation from ever happening again?

Lord Willetts Portrait Mr Willetts
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I was not aware of that specific sum of money, but I would be interested in looking into the matter further. There is certainly a wider problem that bursary spending does not appear to be influencing access and participation by prospective students. That is why we believe there should be initiatives by individual universities, and that their performance should be monitored externally. That will be a far more effective way of spreading participation and broadening access to our universities.